2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Portugal-Slovakia In 2022, Portugal exported $564M to Slovakia. The main products that Portugal exported to Slovakia are Motor vehicles; parts and accessories (8701 to 8705) ($86.6M), Revolution Counters ($73.1M), and Radio Receivers ($67.5M). During the last 27 years the exports of Portugal to Slovakia have increased at an annualized rate of 15.7%, from $11M in 1995 to $564M in 2022.

In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

Slovakia-Portugal In 2022, Slovakia exported $313M to Portugal. The main products that Slovakia exported to Portugal were Cars ($103M), Video Displays ($42.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.4M). During the last 27 years the exports of Slovakia to Portugal have increased at an annualized rate of 13.5%, from $10.3M in 1995 to $313M in 2022.

In 2020, Slovakia exported services to Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $564M to Slovakia. The main products exported from Portugal to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($86.6M), Revolution Counters ($73.1M), and Radio Receivers ($67.5M). During the last 27 years the exports of Portugal to Slovakia have increased at an annualized rate of 15.7%, from $11M in 1995 to $564M in 2022.

In 2022, Slovakia exported $313M to Portugal. The main products exported from Slovakia to Portugal were Cars ($103M), Video Displays ($42.1M), and Motor vehicles; parts and accessories (8701 to 8705) ($29.4M). During the last 27 years the exports of Slovakia to Portugal have increased at an annualized rate of 13.5%, from $10.3M in 1995 to $313M in 2022.

Exports from Portugal (Flag) to Slovakia (Flag) (2022)

Exports from Slovakia (Flag) to Portugal (Flag) (2022)

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
Slovakia
Top Destination
Germany$22.2B

This map shows whether countries import more from Portugal or Slovakia. Each country is colored based on the difference in imports they receive from Portugal and Slovakia or the difference in the growth in imports.

In 2021, countries that imported more from Portugal than Slovakia were Spain ($20.5B), France ($9.49B), and Angola ($1.59B).

In 2021, countries that imported more from Slovakia than Portugal were Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

Difference in imports from Slovakia (Flag) and Portugal (Flag) (2022)

Comparative Advantage Portugal - Slovakia

Flow
Scale

This chart compares trade between Portugal and Slovakia by product, considering products traded by both, Portugal and Slovakia.

During 2022, Portugal had a large net trade with Slovakia in the exports of Transportation ($128M), Machines ($114M), and Plastics and Rubbers ($82.5M).

During 2022, Slovakia had a large net trade with Portugal in the exports of Transportation ($133M), Machines ($89.3M), and Metals ($26.1M).

Service Trade

Bilateral Service Trade

In 2020, Portugal exported services to Slovakia worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

In 2020, Slovakia exported services to Portugal worth $17.9M, with Other business services ($8.57M), Transportation ($4.45M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Portugal (Flag) to Slovakia (Flag) (2020)

Services Exports from Slovakia (Flag) to Portugal (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Portugal.

Product Space of Portugal (Flag) and Slovakia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with